Kering: E750m bond issue

(CercleFinance.com) - Kering has completed a bond issue in one tranche, totaling E750m, with a 10-year maturity and a coupon of 3.
625%.

This issue is part of the group's active liquidity management and contributes to increasing its financial flexibility, the group says.

Kering has a 'BBB+' long-term rating at Standard & Poor's.


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